How To Fix T1112 - No int. rate adjustment condition type assigned for incoming interest

SAP Error Message - Details

• Message type: E = Error

• Message class: T1 - Financial instruments

• Message number: 112

• Message text: No int. rate adjustment condition type assigned for incoming interest

What causes this issue?

During customizing, no interest rate adjustment condition for incoming
interest was assigned
to this transaction type.

How to fix this error?

Contact your customizing administrator.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message T1112 - No int. rate adjustment condition type assigned for incoming interest ?

  The SAP error message T1112, which states "No int. rate adjustment condition type assigned for incoming interest," typically occurs in the context of financial transactions involving interest calculations, particularly in the area of treasury or banking modules. This error indicates that the system is unable to find a condition type for interest rate adjustments for incoming interest transactions.
  Cause:
  
  Missing Configuration: The most common cause of this error is that the necessary condition types for interest rate adjustments have not been configured in the system.
  Incorrect Assignment: The condition type that should be used for incoming interest may not be correctly assigned in the relevant configuration settings.
  Master Data Issues: The master data for the financial instruments or contracts may not have the necessary settings for interest calculations.
  Transaction Type: The transaction type being processed may not be set up to handle incoming interest correctly.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to the relevant area for interest calculation (e.g., Financial Services > Treasury and Risk Management > Transaction Manager > Interest Calculation).
  Ensure that the condition types for interest rate adjustments are defined and properly configured.
  
  
  
  Assign Condition Types:
  
  In the same configuration area, check if the condition types for incoming interest are assigned to the relevant transaction types or financial instruments.
  If they are not assigned, you will need to create or assign the appropriate condition types.
  
  
  
  Review Master Data:
  
  Check the master data for the financial instruments or contracts involved in the transaction. Ensure that they are set up to handle incoming interest and that the necessary condition types are specified.
  
  
  
  Test Transactions:
  
  After making the necessary changes, perform a test transaction to ensure that the error does not occur again.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific details on configuring interest calculations and condition types.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like SPRO for configuration, OBYC for account determination, or FBL1N for vendor line items to investigate further.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  User Roles: Ensure that you have the necessary authorizations to make changes in the configuration settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Financials or Treasury Management.